What Can You Get In The Hamptons For Under $1M Right Now? 05.06.2026

The Last Moment of Leverage Before the Market Turns. Summer in the Hamptons isn’t here yet—but the market is already starting to behave like it is.

This is that narrow, in-between phase: just before momentum fully kicks in. Demand is building, but hasn’t peaked. Inventory hasn’t been picked over. Pricing is firm, but not yet rigid. For a brief moment, buyers still have something rare in this market—room to think, negotiate, and move with intention rather than urgency. That window doesn’t last. As the season takes hold, the tone shifts. Activity accelerates, competition tightens, and decisions get made faster—with less flexibility and higher stakes.

At the same time, the sub-$1 million category continues to quietly disappear. What used to be considered entry-level is now a shrinking slice of the market, with fewer opportunities each year. What remains isn’t just accessible—it’s strategic. These are the properties with long-term upside: the ones you improve, reposition, or simply hold as the market continues to climb.

By mid-summer, that optionality is largely gone. The pace picks up, expectations harden, and hesitation starts to cost you.

59 Homewood Drive, Hampton Bays

3 Bedrooms / 2 Baths / $899,000

Welcome to 59 Homewood Drive, located in the Tiana Shores area of Hampton Bays, with the opportunity to join and have a pool, beach, tennis, and clubhouse right around the corner! Home is in immaculate condition with newer bathrooms, renewed hardwood floors, high ceilings in the living room with skylights throughout the home that allow plenty of natural light in a beautiful, large, heated four-seasons sunroof that allows so much more entertaining area outside parklike grounds with mature landscaping with room for a pool.

Glenn M. Mazzone
Real Estate Broker
917-363-3230

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32 W End Avenue, East Quogue

2 Bedrooms / 3 Baths / 832 SF / $625,000

Welcome to a lovely cottage in East Quogue. This property is located in the Hampton Point Community, which is known as a waterfront community south of the highway. Providing access to a private bay beach and limited residential docks. This two-bedroom, one-bathroom cottage with new floors, a new heating system, an oil tank, dishwasher, washer, and dryer installed within the past 2 years.

Russell Rose
Real Estate Sales Person
631-655-7831

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3 Hyler Drive, Hampton Bays

3 Bedrooms / 2 Baths / 1,857 SF / $995,000

Tucked away on a peaceful waterfront canal between Hampton Bays and East Quogue, this charming 3-bedroom, 2-bath home offers an incredible opportunity to create your dream coastal retreat. With direct water access right from your backyard, enjoy kayaking, paddleboarding, or simply relaxing by the water whenever you choose. Set in a serene location with scenic canal views and easy access to the open bay, this property is perfect for year-round living, a weekend getaway, or investment potential. The existing home provides a comfortable living space with endless possibilities to update, expand, or customize to your vision. Whether you’re seeking tranquility, adventure, or future upside, the potential here is truly amazing and unlimited. Ideally located near beaches, marinas, dining, shopping, and all the best of the Hamptons lifestyle, this is a rare chance to own waterfront property in a highly desirable area for this price.

John Brady
Licensed Real Estate Salesperson
JBrady@Saunders.com
(631) 294-4216